Federman & Sherwood Announces That a Securities Class Action Lawsuit
Has Been Filed Against MEMC Electronic Materials, Inc. (NYSE: WFR)
Wed. September 17, 2008; Posted: 05:41 PM
OKLAHOMA CITY, OK, Sep 17, 2008 (MARKET WIRE via COMTEX) --
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PowerRating -- On September 16, 2008, a class action lawsuit was filed in the
United States District Court for the Eastern District of Missouri
against MEMC Electronic Materials, Inc. (NYSE: WFR). The complaint
alleges violations of federal securities laws, Sections 10(b) and
20(a) of the Securities Exchange Act of 1934 and Rule 10b-5,
including allegations of issuing a series of material
misrepresentations to the market which had the effect of artificially
inflating the market price. The class period is from June 13, 2008
through July 23, 2008.
Plaintiff seeks to recover damages on behalf of the Class. If you
are a member of the Class as described above, you may move the Court
no later than Monday, November 17, 2008, to serve as a lead plaintiff
for the Class. However, in order to do so, you must meet certain
legal requirements pursuant to the Private Securities Litigation
Reform Act of 1995.
If you wish to discuss this action, participate in this or any other
lawsuit, or have any questions or concerns regarding this notice, or
preservation of your rights, please contact:
William B. Federman
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: wfederman@aol.com
www.federmanlaw.com
SOURCE: Federman & Sherwood
mailto:wfederman@aol.com
http://www.federmanlaw.com
For full details on Memc Electronic Material (WFR)
click here. Memc Electronic Material (WFR) has Short Term PowerRatings of 6. Details on Memc Electronic Material (WFR) Short Term PowerRatings is available at
This Link.
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